Peruvian Sol in Burmese Kyat

PEN Peruvian Sol

Country of application:
Peru

Coin denominations in circulation:
10, 20, 50 sentimo, 1, 2, 5 salts.

Denominations of banknotes in circulation:
10, 20, 50, 100 salts.

History reference:
The Peruvian Sol is the national currency of the Republic of Peru. Sol was introduced on February 14, 1863 as a result of a monetary reform to replace the old Spanish monetary system with a new natio...nal Peruvian one. Prior to that, from 1858 to 1863, Republican Peru issued denominations in reals, centavos and escudos. A decimal system was introduced, 1 new sol was equal to 10 old reais. Salt also replaced the Bolivian peso, which was common in the south of Peru, the exchange was made at the rate of 1.25 pesos per 1 new Peruvian salt. Initially, the new currency was pegged to the French franc: 1 sol was equal to 5 francs, about five sols were equal to the British sovereign.

MMK Burmese Kyat

Country of application:
Myanmar

Coin denominations in circulation:
1, 5, 10, 50, 100 Burmese Kyat.

Denominations of banknotes in circulation:
50, 100, 200, 500, 1000, 5000, 10,000 Burmese Kyat.

History reference:
The Myanmar Kyat has been the national currency and money of the Republic of the Union of Myanmar since 1989. Replaced the Burmese rupee. Kyat has been known since the middle of the 19th century as a... Tikal payment system for several countries - Burma, Siam, Laos, Cambodia. Myanmar is located in mainland Southeast Asia. In 1989, the ruling military government changed the countrys name to Myanmar, from Burma. However, the description of the adjective is still Burmese, not Myanmar. The first Burmese money were coins - kyat and pya, issued in the second half of the 19th century. These coins were in circulation until April 1, 1892. A year later, Burma falls under the dependence of British India, and the Indian rupee is introduced into the country, which later becomes the Burmese rupee.